Search
7007 Willoughby Ave, Los Angeles, CA 90038
Image 2 for 7007 Willoughby Ave, Los Angeles, CA 90038
Image 3 for 7007 Willoughby Ave, Los Angeles, CA 90038
View Photos

7007 Willoughby Ave Los Angeles, CA 90038

$1,800,000 Sold Price as of 02/09/2022
  • 4 Beds
  • 4 Baths
  • 3,740 Sq.Ft.
Sold
$1,800,000 Sold Price as of 02/09/2022 Refinance Your Mortgage
Map preview of 7007 Willoughby Ave, Los Angeles, CA 90038

Property Overview: 7007 Willoughby Ave Los Angeles, CA has 4 bedrooms, 4 bathrooms, 3,740 living square feet and 4,950 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Charming 4 units in great location North of Melrose, between La Brea & Highland. Rare MR1 Zoning! Large 1 bed + 1 bath units with hardwood floors and laundry rooms. Building square footage is 3740 sf. One unit and three garages will be vacant 60 days after close of escrow. Built in 1927. Property is designated Tier 2 under the TOC.

Listed by Charles Lazar | BRE #00426953 | AOA Commercial Brokerage
Co-listed by Sarah Ianni | BRE #02029304 | AOA Commercial Brkrge
Last checked: 7 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 97

Home details

Lot Sq. Ft
4,950
HOA Dues
$0/mo
Year built
1927
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
21784698
City
Los Angeles
County
Los Angeles
Time on Site
966 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,050
  • Total Rent: $2,050
  • Pro Forma/Market Rent: $2,050
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,810
  • Total Rent: $1,810
  • Pro Forma/Market Rent: $2,050
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,950
  • Total Rent: $1,959
  • Pro Forma/Market Rent: $2,050
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,050
  • Total Rent: $2,050
  • Pro Forma/Market Rent: $2,050
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 19.35
  • Gross Scheduled Income: --
  • Net Operating Income: $58,128
  • Gross Operating Income: $91,490
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 7007 Willoughby Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Garage - Single Door
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 4
  • Parcel Number: 5532010045
Location / Neighborhood
Location Information
  • Directions: 2 blocks east of La Brea and 2 blocks north of Melrose,
View more facts & features

Local Los Angeles Agent

Sale History for 7007 Willoughby Ave

Last sold for $1,800,000 on February 9th, 2022

  • September, 2021

  • Sep 17, 2021

    Date

    Active

    CRMLS: 21784698

    $1,900,000

    Price

  • September, 1995

  • Sep 25, 1995

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • April, 1995

  • Apr 28, 1995

    Date

    Sold (Public Records)

    Public Records

    $295,000

    Price

Show More

Tax History for 7007 Willoughby Ave

Assessed Value (2020): $453,060
Year Land Value Improved Value Assessed Value
2020 $271,840 $181,220 $453,060

Home Value Compared to the Market

This property vs the competition

7007 Willoughby Ave sold on February 9, 2022 for 53.36% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $487.97 per/sqft which puts the price per square foot 35.37% lower than the current median sale per square foot for the city of Los Angeles.

About 7007 Willoughby Ave

Detailed summary of property

7007 Willoughby Ave is a multi family that recently sold in Los Angeles, CA 90038. This multi family property offered 4 bedrooms, 4 bathrooms, roughly 3,740 living square feet, and sits on an approximately 4,950 square foot lot. 7007 Willoughby Ave was first listed on ArdentRealEstateGroup.com on September 17, 2021. The homeowner sold the property for $1,800,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 53.36% higher than the current median priced home. Local homes that are currently for sale include 823 N Ogden Dr, 5918 Barton Ave and 1239 Gordon St. While the average home in Los Angeles, CA is selling in 93 days, 7007 Willoughby Ave has a days on market of 97 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 7007 Willoughby Ave Los Angeles, CA 90038 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 7007 Willoughby Ave

Public county record property details
Beds
4
Baths
4
Year built
1927
Sq. Ft.
3,740
Lot Size
4,950
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
29
APN
5532-010-045

The source for these homes facts are from public records.

90038 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,299,000
Median List Price/Sq.Ft.
$706
Median Sold Price
$715,000
Median Sold Price/Sq.Ft.
$659
Total Inventory
42
Median Sale to List Price %
79.44%
Avg Days on Market
17
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (50%), Other (0%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 7007 Willoughby Ave

Nearby Homes for Sale

6918 Willoughby Ave, Los Angeles, CA 90038
$1,800,000
2 Beds
2 Baths
1898 Sq.Ft.
6918 Willoughby Ave
Los Angeles, CA 90038
859 N Mansfield Ave, Los Angeles, CA 90038
$1,749,000
6 Beds
9 Baths
2419 Sq.Ft.
859 N Mansfield Ave
Los Angeles, CA 90038
806 N Citrus Ave, Los Angeles, CA 90038
$1,795,000
9 Beds
6 Baths
2373 Sq.Ft.
806 N Citrus Ave
Los Angeles, CA 90038
827 N Mccadden Pl, Los Angeles, CA 90038
$1,638,000
6 Beds
6 Baths
3247 Sq.Ft.
827 N Mccadden Pl
Los Angeles, CA 90038
6615 Melrose Ave, Los Angeles, CA 90038
$1,995,000
-- Beds
-- Baths
2100 Sq.Ft.
6615 Melrose Ave
Los Angeles, CA 90038
1414 N Las Palmas Ave, Los Angeles, CA 90028
$1,890,000
6 Beds
6 Baths
3896 Sq.Ft.
1414 N Las Palmas Ave
Los Angeles, CA 90028
6416 La Mirada Ave, Los Angeles, CA 90038
$1,900,000
6 Beds
5 Baths
4790 Sq.Ft.
6416 La Mirada Ave
Los Angeles, CA 90038
6410 La Mirada, Los Angeles, CA 90038
$1,700,000
7 Beds
2 Baths
3370 Sq.Ft.
6410 La Mirada
Los Angeles, CA 90038
610 N Spaulding Ave, Los Angeles, CA 90036
$2,100,000
3668 Beds
3058 Baths
3738 Sq.Ft.
610 N Spaulding Ave
Los Angeles, CA 90036
812 N Genesee Ave, Los Angeles, CA 90046
$1,925,000
4 Beds
2 Baths
2212 Sq.Ft.
812 N Genesee Ave
Los Angeles, CA 90046
445 N Spaulding Ave, Los Angeles, CA 90036
$2,100,000
12 Beds
4 Baths
4379 Sq.Ft.
445 N Spaulding Ave
Los Angeles, CA 90036
454 N Genesee Ave, Los Angeles, CA 90036
$2,095,000
10 Beds
10 Baths
3548 Sq.Ft.
454 N Genesee Ave
Los Angeles, CA 90036

Recently Sold Homes Near 7007 Willoughby Ave

853 N Mansfield Ave, Los Angeles, CA 90038
$1,350,000 Last Sold Price
5 Beds
4 Baths
2403 Sq.Ft.
853 N Mansfield Ave
Los Angeles, CA 90038
832 N Sycamore Ave, Los Angeles, CA 90038
$2,145,000 Last Sold Price
5 Beds
4 Baths
2858 Sq.Ft.
832 N Sycamore Ave
Los Angeles, CA 90038
812 N Sycamore Ave, Los Angeles, CA 90038
$1,425,000 Last Sold Price
0 Beds
0 Baths
3388 Sq.Ft.
812 N Sycamore Ave
Los Angeles, CA 90038
819 N Sycamore Ave, Los Angeles, CA 90038
$2,900,000 Last Sold Price
8 Beds
6 Baths
4649 Sq.Ft.
819 N Sycamore Ave
Los Angeles, CA 90038

Related Resources to 7007 Willoughby Ave

New Listings in 90038
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Refi Quote